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Light Therapy Market Research Report Information By Product (Light Box, Floor and Desk Lamps, Light Visor, HDST, Others), By Application (Psoriasis, Vitiligo, Eczema, Acne Vulgaris, Others), By Light Type (Blue Light, Red Light, White Light, Others) and By End-User (Homecare Settings, Dermatology Clinics, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.
According to MRFR analysis, the Light Therapy Market is expected to register a CAGR of 5.10% from 2023 to 2030 and hold a value of over USD 1.19 Billion by 2030.
Light therapy is also known as phototherapy or luminotherapy. The global light therapy market has witnessed massive growth in recent years. The market’s growth is primarily being driven by the growing number of dermatological disorders cases and the increasing psychological conditions. Furthermore, the growing adoption of non-invasive methods and the effectiveness of light therapy for skin cancer treatment and other diseases are likely to enhance the growth rate of the light therapy market over the assessment era.
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The light therapy market refers to the global industry involved in the manufacture and distribution of products that use light as a therapeutic modality. Light therapy, also known as phototherapy, involves the use of specific wavelengths of light to treat a variety of conditions, including seasonal affective disorder (SAD), skin disorders, sleep disorders, and pain management.
Segmentation
The light therapy market can be segmented based on product type, application, end-user, and region.
Based on product type, the market can be segmented into light therapy lamps, light therapy boxes, light therapy masks, dawn simulators, handheld devices, and others.
Based on application, the market can be segmented into skin diseases, mood disorders, sleep disorders, neonatal jaundice, wound healing, pain management, and others.
Based on end-user, the market can be segmented into home care settings, dermatology clinics, psychiatric hospitals, and others.
Based on region, the market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Key Players
Some of the key market players are: Beurer (Germany), Northern Light Technology (Canada), BioPhotas (US), Chal-Tec GmbH (Germany), Koninklijke Philips (Netherlands) Lucimed SA (Belgium), Lumie (UK), Verilux (US), Nature Bright (Taiwan), Zepter International (Switzerland).
Regional Analysis
The light therapy market is studied across four major regions, including the Middle East & Africa, America, Europe, and Asia-Pacific.
Browse In-depth Market Research Report (111 Pages) on Light Therapy: https://www.marketresearchfuture.com/reports/light-therapy-market-8366
The MRFR report suggests that the American region will likely lead the global light therapy market over the coming years. The growing prevalence of dermatological disorders is driving the regional market’s growth. Moreover, the rising demand for non-invasive procedures is anticipated to boost the growth of the regional light therapy market.
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